Baltimore Riot Damage Insurance Claims Payout at $12.9M
The Maryland Insurance Administration says insurance companies have paid $12.9 million in claims stemming from civil unrest in Baltimore linked to the death in April of Freddie Gray.
The agency said Tuesday that the payments include $11.6 million for commercial property damage. Rioters damaged or looted hundreds of business, and set several on fire, after Gray’s funeral April 27.
The insurance administration says property, casualty and automobile insurers received 445 commercial claims related to the disturbance as of July 27, the deadline for submitting data to the state.
Payments on noncommercial claims totaled $1.3 million.
Gray was a 25-year-old black man who died from injuries he suffered in police custody after he was arrested on a charge of carrying an illegal switchblade knife.
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